Chase ‘infinite money’ glitch leaves TikTokers in huge debt

Unaudited contracts resulted in its death after all. A bug in the hastily-developed contracts for Yam Finance resulted in the governance contracts being “permanently broken” and $750,000 worth of Curve tokens locked from use.Andre Cronje, DeFi developer and founder of the yEarn protocol, told Cointelegraph that this resulted from a bugged rebase function.Yam is supposed to…

The internet is buzzing over recent developments in decentralized finance, or DeFi — smart contracts are hotter than ever. You might think you missed the coronation ceremony, but smart contracts are actually used in only a small corner of the crypto world, albeit a corner worth billions of dollars. It’s a promising concept that has…

Over the past few months, it appeared that Telegram has been comfortably leading the clandestine race between major social platforms that have been quietly working on their native crypto tokens, with its Telegram Open Network (TON) making strides toward its October 2019 launch deadline. The latest avalanche of news from Facebook, however, makes this lead…

Scammers have taken over two accounts associated with presidential candidate Donald Trump's family

Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader teases BTC long as $16,500 reappearsData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD leaving lower levels untouched overnight.The pair had seen a flash downturn after the Nov. 27 weekly close…

Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain. 3003 Total views 46 Total shares Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office.According to the application published May 14 — but filed way back in November…

Bitcoin (BTC) reversed in classic fashion on March 10 after bulls failed once again to hold higher levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBart's back on the Bitcoin chartData from Cointelegraph Markets Pro and TradingView showed BTC/USD forming a characteristic “Bart Simpson” retracement pattern overnight on Wednesday.The pair had managed to pass $42,000 before consolidating,…

Only 8.1% of Bitcoin is held on exchanges compared to Ether where almost one-quarter of the supply sits on exchanges. 973 Total views 12 Total shares Almost one-quarter of Ethereum’s (ETH) circulating supply is held on cryptocurrency exchanges, according to analytics platform ViewBase.The website shows that 26,768,260 ETH are on exchanges, equating to 23.6% with…